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Dec 28, 2012
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. >> the clock is ticking we are four days away frulg off the fiscal cliff. what law makers are doing to try to avoid an economic disaster. >> the loss of a leader and a hero. this morning we are remembering general norman schwarzkopf and looking at the legacy he left behind on this friday september 28th. good morning -- december 28th. good morning i am charley croweson. >> i am megan pringle. the weather has been the story because we have seeing wild weather and it's been cold. >> some of that is coming up for the weekend. mike masco is standing by to let us know how bad it could be getting. >> we will see a couple inches of snow across the area. today not a problem a few clouds in the afternoon. glen burnie at 35. around the freezing mark in reisterstown and manchester 28 degrees. and here we go winter weather advisories over the northern tier close to the p.a. line into tomorrow. we are expecting advising that this storm over the tennessee valley will run into cold air and produce a snow event. look at future trend look good during the course of the mornin
. >> the clock is ticking we are four days away frulg off the fiscal cliff. what law makers are doing to try to avoid an economic disaster. >> the loss of a leader and a hero. this morning we are remembering general norman schwarzkopf and looking at the legacy he left behind on this friday september 28th. good morning -- december 28th. good morning i am charley croweson. >> i am megan pringle. the weather has been the story because we have seeing wild weather and it's been...
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Dec 28, 2012
12/12
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now, the top story tonight, we are just days away going over the fiscal cliff. and the chance of a deal before the new year is slim. so now each side is pointing fingers instead of hammering out a deal. >> republicans aren't about to write a blank check for are anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> any time the speaker and the republican leader come to the president and say we have got a deal for you, the president's door is always open and mine is, too. >> laura: and according to a brand new rasmussen poll, 44% think that republicans are more to blame for not going far enough on tax increases. 36% say that obama is more to blame for not agreeing to more spending cuts and 15% blame both sides. joining us now from new york, julie riganski, a democratic strategist and here in washington, steven moore, a member of the "wall street journal" editorial board. sesteven, let's start with you. great to hear harry reid on this. the last time i checked the do so called proposal that a he put forth in july didn't r
now, the top story tonight, we are just days away going over the fiscal cliff. and the chance of a deal before the new year is slim. so now each side is pointing fingers instead of hammering out a deal. >> republicans aren't about to write a blank check for are anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> any time the speaker and the republican leader come to the president and say we have got a deal for you, the president's door...
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Dec 31, 2012
12/12
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. >> jeff: the pressure on congress to reach a deal on the fiscal cliff is great. failure would be felt almost immediately in paychecks as taxes go up. and in financial markets as wall street reacts. even though the dow is up nearly 6% for the year if lost 2% this week as the deadline looms. for more on the potential impact of wall street i'm joined by jim awad chairman of plimsoll. let's talk about the fiscal uncertainity is figuring on wall street. >> it is figuring in an increasingly negative way. the markets are become increasingly concerned that business and consumers will pull back due to the uncertainty about tax and spending. and it's affecting the financial markets and the economy. >> jeff: a slow day tomorrow but how do you think we open? >> i think that if there is any rally it will be a fool's rallyment would you only get a rally if they announce something tonight. but the reality is that anything they announce would be light on fact and long on symbolic-- symbolism it wouldn't have a lot to do with entitlements. it wouldn't address the debt ceiling. so
. >> jeff: the pressure on congress to reach a deal on the fiscal cliff is great. failure would be felt almost immediately in paychecks as taxes go up. and in financial markets as wall street reacts. even though the dow is up nearly 6% for the year if lost 2% this week as the deadline looms. for more on the potential impact of wall street i'm joined by jim awad chairman of plimsoll. let's talk about the fiscal uncertainity is figuring on wall street. >> it is figuring in an...
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Dec 30, 2012
12/12
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in washington, down to the wire for the fiscal cliff. letsz than 48 hours for washington to make a deal. both houses of congress are meeting today in rare sunday sessions. the senate is convening at 1:00. the house an hour later at 2:00. the earliest we could see a vote is 6:30 p.m. eastern time. you can catch that live coverage of it right here on cnn. >>> to massachusetts now where a
in washington, down to the wire for the fiscal cliff. letsz than 48 hours for washington to make a deal. both houses of congress are meeting today in rare sunday sessions. the senate is convening at 1:00. the house an hour later at 2:00. the earliest we could see a vote is 6:30 p.m. eastern time. you can catch that live coverage of it right here on cnn. >>> to massachusetts now where a
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the fiscal cliff is just more theater from bankers and politicians trying to distract people from the underlying root catastrophe that is a bunch of wankers and franker who are manipulating the system day in and day out destroying the economy this fiscal cliff is just more drama more theater and it doesn't really focus on the true underlying problems and we're going to see more of this going forward in two thousand and thirteen anything to buy flecked attention from the mobs what they're pitchforks and torches there are coming after these people they want to just delay that day of reckoning for as many months as they can but days reckoning is twenty eight isn't comic is there anything to look forward to . what's that i could hear you this beautiful eve. here in london. herbert is dancing on the bridge i could hear you is there anything to look forward to it twenty thought you know we all do. it carney rory well you know get up and i'll just going to say let's get the whole you are problems and the whole fiscal problems out of our head it's you're in london there we got the big london
the fiscal cliff is just more theater from bankers and politicians trying to distract people from the underlying root catastrophe that is a bunch of wankers and franker who are manipulating the system day in and day out destroying the economy this fiscal cliff is just more drama more theater and it doesn't really focus on the true underlying problems and we're going to see more of this going forward in two thousand and thirteen anything to buy flecked attention from the mobs what they're...
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Dec 31, 2012
12/12
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congress on how to avoid the so-called fiscal cliff. earlier, president obama spoke on how to avoid the budget crisis. and turkey's prime minister has said the war in syria will soon be over. he made the comments as he visited refugee camps on the turkish border. protesters in india who have been calling for harsher punishments for rapists have been holding a candlelit vigil in the capital the they gathered in new delhi -- delhi to mourn the death of a 23-year-old gang rape victim. the attack on her earlier this month throwed nypd protests. six suspects have been charged with murder after she died sunday. she had been receivering medical attention in spinning. the -- in singapore. she's been cremated. rebels in the central african republic are reported to be only one town away from the capital. the army was forced to retreat when the rebels advanced on saturday. they already have control of four other regional capitals in both the north and center of the country. rebels have rejected offers to negotiate. there's been more violence in ir
congress on how to avoid the so-called fiscal cliff. earlier, president obama spoke on how to avoid the budget crisis. and turkey's prime minister has said the war in syria will soon be over. he made the comments as he visited refugee camps on the turkish border. protesters in india who have been calling for harsher punishments for rapists have been holding a candlelit vigil in the capital the they gathered in new delhi -- delhi to mourn the death of a 23-year-old gang rape victim. the attack...
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Dec 29, 2012
12/12
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the fiscal cliff. a fiscal cliff special coming up new year's day. i have to go to bed early. too bad. >> sorry. >>> the next hour of "cnn saturday morning" begins right now. -- captions by vitac -- www.vitac.com >>> good morning, everyone. i'm alison kosik. >> and i'm chp cristi paul. we hope this saturday's been good to you so far. >>> and hope coming from washington with negotiations going on this weekend between the two top senate leaders. cnn radio capitol hill correspondent lisa desjardins is in washington. good morning, lisa. you were on capitol hill yesterday for all of the political action between president obama, congressional leaders. do you think we're closer to a deal? i'm hearing optimism from the president. is that real or is that imagined? >> reporter: right. what do you say? mod deftly or moderately optimistic he said? i think it's for real. people have wanting to get to this point for even a chance at a deal. that's where we are. not a deal yet but there's a chance for a deal. now two senators being the principal negotiators. mitch mcdonaconnell and harry r.
the fiscal cliff. a fiscal cliff special coming up new year's day. i have to go to bed early. too bad. >> sorry. >>> the next hour of "cnn saturday morning" begins right now. -- captions by vitac -- www.vitac.com >>> good morning, everyone. i'm alison kosik. >> and i'm chp cristi paul. we hope this saturday's been good to you so far. >>> and hope coming from washington with negotiations going on this weekend between the two top senate leaders....
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Dec 27, 2012
12/12
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here's what happens if we go over the fiscal cliff. all the bush tax cuts, all of them will expire with taxes going up an average of $1600 per household. the payroll tax holiday also expires. that means the tax burden will go up an average $z700 per household extra. extended unemployment benefits expire so collection shrinks from 93 weeks to 26 weeks. the medicare doc fix expires, that means a 27% cut in physician payments. the alternative minimum tax expands to 27 million more americans and obama care taxes hit, meaning a 0.9% jump in the medicare payroll tax for those earning $200,000 or more. but what about the house of representatives? they left town after republicans failed to bring a vote on their own plan b last week. ohio republican congressman steve latourette seems kpas rat -- kpas rated about all of this. you're on your way out and you repudiated the norquist pledge which you signed back in 1994. tell me why? >> well, i repudiated it because, listen, it's not 1994 anymore. the world has moved on. we have the euro, we've had
here's what happens if we go over the fiscal cliff. all the bush tax cuts, all of them will expire with taxes going up an average of $1600 per household. the payroll tax holiday also expires. that means the tax burden will go up an average $z700 per household extra. extended unemployment benefits expire so collection shrinks from 93 weeks to 26 weeks. the medicare doc fix expires, that means a 27% cut in physician payments. the alternative minimum tax expands to 27 million more americans and...
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well the fiscal cliff refers to a disastrous economic results that will take place if u.s. budget laws are not changed they are sat so there's something called a debt ceiling so there's so much money so so much money is spent then all of a sudden there's a huge reduction in government spending and this is really staged by the bankers and the corporations because as capitalism is collapsing internationally they are they're setting up and they're trying to get people used to the idea that they have to accept cuts and all the services they depend on and so this is a staged crisis in order to force the people to pay for a process that the banks created or it's not the first time they say that democrats and republicans have squabbled over such a serious issue which could plunge the country as you say into another recession how long can this continue well the democrats and the republicans are playing different roles but they're reading from the same script there are republicans are trying to push forward the cuts you know they want to champion cuts and food stamps so that people
well the fiscal cliff refers to a disastrous economic results that will take place if u.s. budget laws are not changed they are sat so there's something called a debt ceiling so there's so much money so so much money is spent then all of a sudden there's a huge reduction in government spending and this is really staged by the bankers and the corporations because as capitalism is collapsing internationally they are they're setting up and they're trying to get people used to the idea that they...
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implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy. trying to find your way through a complex tax system is not enough in the u.k. . to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to three others are still fighting for their lives the red wings' plane skidded off the runway and right into the bank of a major highway on saturday experts believe bad weather breaks or simply could have led to the tragedy. unfolded the twenty ninth of december the last working day of two thousand and twelve in russia. business is. the next here families. jump into their cars and escape the busy capital. highway heads to the west of moscow region where most of the luxury states and country houses are located traffic jams are common this time of the day and this time of the year but want to lock the road is almost. passengers come out of the car to see what the
implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy. trying to find your way through a complex tax system is not enough in the u.k. . to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to three others are still fighting for their lives the red wings' plane skidded off the...
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many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy well charlie mcgrath founder of wide awake he says it is ironic that america's main parties have difficulty reaching a deal on policies to aid the nation's pull but had little trouble agreeing on the defense budget. work in the united states of america this is where we govern by crisis we don't have representatives in washington d.c. we have political prostitutes that will go before a camera and say that anything that they have to say is you keep this massive government rolling and you can make special interest influence in washington d.c. or that when the cameras are on you know they're on the red team they're going out there saying it's the welfare folks as well it's the people on food stamps or the people who are extended unemployment benefits if they're on the blue team they're coming out and trying to get their base fired up that it's all about their corporate interest and this is why we can't come up with you but isn'
many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy well charlie mcgrath founder of wide awake he says it is ironic that america's main parties have difficulty reaching a deal on policies to aid the nation's pull but had little trouble agreeing on the defense budget. work in the united states of america this is where we govern by crisis we don't have representatives in washington d.c. we have political prostitutes that...
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still stuck on the edge of its fiscal cliff now with. investigators ruling out possible causes for the deadly plane crash at a moscow airport. the. tragedy step by step. us from the rest of the middle east and the arab world money roller coaster the russian public political. the major events that shape. it is so good to have you with us here on new year's eve special. live in moscow later though to be joined by kevin. trying to pull the u.s. back from the brink of the fiscal cliff it couldn't get much closer we're down to the wire just a few hours now americans will be hit hard by billions of dollars of tax hikes and spending cuts which will come into effect on tuesday republicans and democrats are now in a last minute effort to avert it as time rapidly runs out. reports. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and what they did was what they usually do they put off those important decisions until a certain deadline that
still stuck on the edge of its fiscal cliff now with. investigators ruling out possible causes for the deadly plane crash at a moscow airport. the. tragedy step by step. us from the rest of the middle east and the arab world money roller coaster the russian public political. the major events that shape. it is so good to have you with us here on new year's eve special. live in moscow later though to be joined by kevin. trying to pull the u.s. back from the brink of the fiscal cliff it couldn't...
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many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy well charlie mcgrath found of wide awake says it is ironic that america's main parties have difficulty reaching a deal on policies to aid the nation's poor but had little trouble agreeing on the defense budget. when the cameras are own you know if they're on the red team there i mean you're out there saying it's the welfare of all it's the people on food stamps or the people in extended unemployment benefits if they're on the blue team they're coming out and trying to get their base fired up that it's all about corporate interests and this is why we can't come up with video but isn't it me when the cameras are off and it's time to pass a trillion dollar nearly trillion dollar defense bill they have no problem whatsoever coming to coming together and holding hands with that kind of a deal together since two thousand and one namely we've been governing this nation by proxy the world by crisis and it doesn't matter who gets or
many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy well charlie mcgrath found of wide awake says it is ironic that america's main parties have difficulty reaching a deal on policies to aid the nation's poor but had little trouble agreeing on the defense budget. when the cameras are own you know if they're on the red team there i mean you're out there saying it's the welfare of all it's the people on food stamps or the...
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panic markets lead america's plunge off the fiscal cliff while the republicans and democrats. pull the safety cord. as the number of dead in the moscow plane crash rises to five and investigators begin the painstaking probe into the accident we take you step by step through the sequence of events. plus from painful to stare a teen europe and he will across the arab world to the rise of political awareness in russia as the world turns a new page two thousand and thirteen r.t. recaptures all the twists and turns of the act giving you. i. welcome you watching r.t. with me andrey far. now the united states has all but begun its plunge off the fiscal cliff at least on the markets and with last minute talks between republicans and democrats falling apart yet again america could be in for a hard landing wall street is in full retreat saying five straight days of selloffs is panicky investors jump ship on new year's day six hundred billion dollars worth of tax hikes and federal cuts are slated to come into force in america and a deal to avert that is still nowhere in sight though as a
panic markets lead america's plunge off the fiscal cliff while the republicans and democrats. pull the safety cord. as the number of dead in the moscow plane crash rises to five and investigators begin the painstaking probe into the accident we take you step by step through the sequence of events. plus from painful to stare a teen europe and he will across the arab world to the rise of political awareness in russia as the world turns a new page two thousand and thirteen r.t. recaptures all the...
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is still stuck on the edge of its fiscal cliff. before. investigators begin ruling out possible causes for the deadly plane crash at a moscow airport. step by step. us from the rest of the middle east and arab world money roller coaster public getting more politically vocal. major events that shaped twenty twenty. well it is a pleasure to have you with us here today on this new year's eve lots of action coming your way throughout the night. will be here a bit later for now though it's me research i live in the moscow st. now trying to pull the u.s. back from the brink of the fiscal cliff it couldn't get much closer to the wire just a few hours now americans will be hit hard by billions of dollars of tax hikes and spending cuts which will automatically come into effect on tuesday republicans and democrats are now in a last minute effort to avert it as time rapidly runs out here's our washington d.c. correspondent. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its defi
is still stuck on the edge of its fiscal cliff. before. investigators begin ruling out possible causes for the deadly plane crash at a moscow airport. step by step. us from the rest of the middle east and arab world money roller coaster public getting more politically vocal. major events that shaped twenty twenty. well it is a pleasure to have you with us here today on this new year's eve lots of action coming your way throughout the night. will be here a bit later for now though it's me...
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implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy syrian rebels press on with the offensive in the north of the country they reportedly take over north pumping station after days of intense fighting amid calls for dialogue from russia and the international peace envoy and is it trying to find a way through a complex tax system wasn't enough in the u.k. and millions have been paying through the nose for telephone services to help them navigate it that's coming up like. another crew member has died after a passenger jet crashed at one of moscow's busiest ports that brings the number of dead to five while three others are still fighting for their lives in hospital the redwings plane skidded off the runway and plowed into the embankment of a major highway on saturday experts believe bad weather brake failure or simply pilot error could have led to the tragedy. and now looks how the events unfolded the twenty ninth of december the last working day of two thousand and twelve in
implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy syrian rebels press on with the offensive in the north of the country they reportedly take over north pumping station after days of intense fighting amid calls for dialogue from russia and the international peace envoy and is it trying to find a way through a complex tax system wasn't enough in the u.k. and millions have been paying through the nose...
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many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy now as if trying to find your way through a complex tax system isn't bad enough in the u.k. millions have been paying it through the news for telephone services to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to five three others are still fighting for their lives the red wings plane skidded off the runway and plowed into the embankment of a major highway on saturday experts believe bad weather brake failure or simply pilot error could have led to the tragedy. for national looks at how events unfolded. the twenty ninth of december the last working day of two thousand and twelve in russia four pm business is closed all business put off until the next year but i'm alays friends employees jump into their cars and escape the busy capital he's got highway heads to the west a region where most o
many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy now as if trying to find your way through a complex tax system isn't bad enough in the u.k. millions have been paying it through the news for telephone services to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to five three others are...
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Dec 30, 2012
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what do you want to tell congress about the fiscal cliff? we'll have your video messages. >>> the woman accused of pushing a man in front of a subway is now being charged with a hate crime. now she's saying why she did it. >>> wow, a plane crash caught on tape, the story. hind this dash cam video of an exact moment a jet slammed into an overpass. >>> it's sunday, december 30th, good morning, i'm allisison kos. randi kaye is off today. we're going to start this morning in washington where all eyes on capitol hill as lawmakers try to work out on a deal to avoid the fiscal cliff. the deadline is less than 48 hours away and as to whether they can get it done, the president says he's hopeful. >> i'm modestly ll lly optimis an agreement can be achieved. let's make sure that middle class families and the world economy aren't adversely impacted because people can't do their jobs. >> both houses of congress are meeting in a rare sunday session. the house an hour later at 2:00. our chief white house correspondent jessica yellin now with the look at a
what do you want to tell congress about the fiscal cliff? we'll have your video messages. >>> the woman accused of pushing a man in front of a subway is now being charged with a hate crime. now she's saying why she did it. >>> wow, a plane crash caught on tape, the story. hind this dash cam video of an exact moment a jet slammed into an overpass. >>> it's sunday, december 30th, good morning, i'm allisison kos. randi kaye is off today. we're going to start this morning...
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Dec 29, 2012
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. >> katie: next the fiscal cliff-hanger, senators could vote on plan to save the country from the fiscal cliff on sunday but so far hopes have lawmakers striking deal haven't been met. and local high school band making history in the tournament of roses parade. >>> developing news out 6 moscow where a jetliner caught fire killing two people on board. twin engine jet went off the runway and broke apart and caught fire. news reports say about a dozen people were on board and several of them were seriously injured. it was a ministry spokesman that confirmed two people died. >>> in washington, senate a lot leaders are hoping to come up with a compromise they can send to the house tomorrow to avoid the fiscal cliff. lisa stark has the latest. >> there is nothing like a deadline to force action. the president met with congressional leaders for the first time in six weeks and then proclaimed himself modestly optimistic. >> they are watching what we are doing here. their patience is always thin. >> with the clock running out. democratic and republican leaders in the senate will spend today tryin
. >> katie: next the fiscal cliff-hanger, senators could vote on plan to save the country from the fiscal cliff on sunday but so far hopes have lawmakers striking deal haven't been met. and local high school band making history in the tournament of roses parade. >>> developing news out 6 moscow where a jetliner caught fire killing two people on board. twin engine jet went off the runway and broke apart and caught fire. news reports say about a dozen people were on board and...
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cliff. >> reporter: senators arrived at the capitol to continue last- minute negotiations hours before the nation is set to fall off of the cliff. after a day of intense talks, senate majority leader, reid, said there will not be a deal tonight. >> this is still distance between the two sides. negotiations continue. >> reporter: if republicans and democrats can not strike a deal before midnight on monday, taxes will go up for almost every american. automatic spending cuts will kick in and millions will lose unemployment benefits. >> i want everyone to know i want to get it done but i need a dance partner. >> reporter: republicans introduced but with drew the proposal. senators say there is movement as both sides try to compromise about which americans should start paying a higher tax rate. >> this is far too much at stake for political gamesmanship. >> in an unusual move, republicans called on the nation's number 2 democrat, vice president joe biden to help with the negotiation. >> >> they say the biggest thing is taking care of the deficit. the way they are behaving the only priority
cliff. >> reporter: senators arrived at the capitol to continue last- minute negotiations hours before the nation is set to fall off of the cliff. after a day of intense talks, senate majority leader, reid, said there will not be a deal tonight. >> this is still distance between the two sides. negotiations continue. >> reporter: if republicans and democrats can not strike a deal before midnight on monday, taxes will go up for almost every american. automatic spending cuts will...
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we want to see a fiscal cliff deal. if it cuts the heck out of all kind of programs, then you can have a deal that is actually a real drag on the recovery as well. maybe not a recession, but a slower year than we otherwise would and slow growth. again, there's two percentage points in the payroll tax scheduled to increase on january 1. if you look at how negotiations are going, it looks like it's going to happen. the typical family's taxes by $1,000 over the course of a year. >> the final one, we are talking debt ceiling. you think the fiscal cliff thing is bad for the economy. you wait and see if they can't get the debt ceiling worked out. >> right. it's one thing to go over the fiscal cliff. that would be bad. we don't want to it happen. a recession may happen. it would be unfortunate. it's different than the u.s. defaulting on the debt. you know, we saw that back in august, 2011, we saw the downgrade of the credit rating. just by having the threat of not approving the debt ceiling increase and the possibility of defa
we want to see a fiscal cliff deal. if it cuts the heck out of all kind of programs, then you can have a deal that is actually a real drag on the recovery as well. maybe not a recession, but a slower year than we otherwise would and slow growth. again, there's two percentage points in the payroll tax scheduled to increase on january 1. if you look at how negotiations are going, it looks like it's going to happen. the typical family's taxes by $1,000 over the course of a year. >> the final...
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cliff political disarray stock markets those were how the headlines read today when i came into work what is this just white noise we'll talk about signs of a broken market that go far beyond the day to day news portably moving them plus from market scandals to our very own we'll break down what you loved and hated this week and viewer feedback let's get to today's capital account. well the world didn't end today some argue the mayan calendar predicted but this millennial error can at least teach us a thing or two about the pitfalls of prediction something fitting given the nature of financial forecasts and also fitting as our guest references it in a small way in his two thousand and twelve year in review he writes this review every december and this year it covers the gamut from broken markets to broke students saddled with more debt than those charging up their credit cards it's out today you can read it chris martin sins website which is pretty peak prosperity dot com and you can hear. as an organic chemistry professor are known for writing a financial economic investment year in
cliff political disarray stock markets those were how the headlines read today when i came into work what is this just white noise we'll talk about signs of a broken market that go far beyond the day to day news portably moving them plus from market scandals to our very own we'll break down what you loved and hated this week and viewer feedback let's get to today's capital account. well the world didn't end today some argue the mayan calendar predicted but this millennial error can at least...
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she sent a text, she says, fiscal cliff issues drive me crazy! they should not get paid until it's resolved and we have a meaningful budget. none of us could run our household the way washington runs things. what do you say to that? >> you know, that's the real story here. people are looking at these kids in washington who are just messing up and can't do the basics. they're disgusted with both political parties and i think all of our political leaders are going to have a hard time regaining any legitimacy or credibility after this is done one way or the other. it is true congressional republicans are faring a little worse than the president. but people are pretty fed up with the entire process. >> gregg: the president keeps saying he wants to raise taxes on the rich. but how do folks in the middle class feel about whether their taxes are going to go up? are they pessimistic? >> 49% of all voters he expect middle class taxes will go up as part of any deal to avert the fiscal cliff. there is a general expectation that over the next couple of years
she sent a text, she says, fiscal cliff issues drive me crazy! they should not get paid until it's resolved and we have a meaningful budget. none of us could run our household the way washington runs things. what do you say to that? >> you know, that's the real story here. people are looking at these kids in washington who are just messing up and can't do the basics. they're disgusted with both political parties and i think all of our political leaders are going to have a hard time...
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three days to go and no noon avert the fiscal cliff. what will lawmaker do to save you from more taxes and fewer benefits? >>> the littlest pawns in a political fight. we'll talk to one woman whose hopes for adopting a russian son may have just been shattered. >>> and they're back. kathy griffin and anderson cooper ringing in new year's eve. but why was kathy's make itted on "a.c.'s" -- naked on "a.c.'s" couch? we'll explain. >>> good morning, it's 10:00 on the east coast, 7:00 on the west coast. i'm alison kosik. randi kaye is off today. we're just three days away from possibly crossing over the fiscal cliff. for the first time in weeks, there's some hope coming from washington. senate leaders are negotiating a deal they hope can go to a vote, go to a vote soon. cnn radio capitol hill correspondent lisa desjardins is in washington. you were on thrill yesterday for the political action between president obama, between congressional leaders. they sound more optimistic, at least president obama does. do you think we're any closer to a dea
three days to go and no noon avert the fiscal cliff. what will lawmaker do to save you from more taxes and fewer benefits? >>> the littlest pawns in a political fight. we'll talk to one woman whose hopes for adopting a russian son may have just been shattered. >>> and they're back. kathy griffin and anderson cooper ringing in new year's eve. but why was kathy's make itted on "a.c.'s" -- naked on "a.c.'s" couch? we'll explain. >>> good morning, it's...
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trying to pull us back from the brink of the fiscal cliff couldn't get much closer to the wire in a few hours time americans will be hit hard by billions of dollars of tax hikes and spending cuts. come into effect on tuesday but republicans and democrats just can't agree on how to avert it and time is rapidly running out washington correspondent. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and what they did was what they usually do they put off those important decisions until a certain deadline that deadline is now so they came up with this scary word cliff to create lots of drama around which would be the ordinary maybe somewhat boring working process of any congress or parliament that is to agree on a budget the need to deadlines so the cliff which actually describes the mode in which the congress is working their inability to make decisions until the very very last minute the cliff that u.s. lawmakers have artificially created could become very real for the american peopl
trying to pull us back from the brink of the fiscal cliff couldn't get much closer to the wire in a few hours time americans will be hit hard by billions of dollars of tax hikes and spending cuts. come into effect on tuesday but republicans and democrats just can't agree on how to avert it and time is rapidly running out washington correspondent. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you...
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i think we will briefly go over the fiscal cliff. the president worked on the issue months and months. the entire "crisis" is an issue of congress' own making . he was taping the meet the press on saturday. house republicans were cozy and doing nothing on the fiscal cliff. john bone bone took himself out of the negotiations and abdicated responsibility and said he would dole with whatever the senate and president had come to. i happening there is a lot of good proprosals on the table and something will get done, too. >> dave: it appears that senate republicans came a long way in sharing their desire for no taxes raised on the wealthy. $550,000 thres hold for couples is a significant compromise. but can they get anything through the house in terms of getting republican votes today? >> i don't think that will get through the house . the house was elected to protect the united states of additional obama care spipe types of spending . from the perspective it is it a char aid. he wants to raise tax for people with over $200,000 . patti mu
i think we will briefly go over the fiscal cliff. the president worked on the issue months and months. the entire "crisis" is an issue of congress' own making . he was taping the meet the press on saturday. house republicans were cozy and doing nothing on the fiscal cliff. john bone bone took himself out of the negotiations and abdicated responsibility and said he would dole with whatever the senate and president had come to. i happening there is a lot of good proprosals on the table...
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just one possible effect of the fiscal cliff. milk prices could spike $2 or $3 a gallon, because farm programs will expire at the end of the year. some are calling that dairy cliff. live in new york, wendy gillette. >> wendy gillette in new york. thank you. >>> the country has lost one of its great warriors. tributes are pouring in this morning for retired general norman schwarzkopf. the general died yesterday in tampa after a battle with pneumonia. schwarzkopf commanded "operation desert storm" that drove iraqi forces from kuwait. in retirement, he championed causes. norman schwarzkopf was 78. >>> now, to former president george h.w. bush's condition. his chief of staff says he will be in the hospital for a while. the 41st president is recovering from a terrible case of bronchitis with a series of complications. she says that mr. bush is getting excellent medical treatment in houston. and she would ask that people put the heart back into the closet. interesting. >>> secretary of state hillary clinton is planning to return to wor
just one possible effect of the fiscal cliff. milk prices could spike $2 or $3 a gallon, because farm programs will expire at the end of the year. some are calling that dairy cliff. live in new york, wendy gillette. >> wendy gillette in new york. thank you. >>> the country has lost one of its great warriors. tributes are pouring in this morning for retired general norman schwarzkopf. the general died yesterday in tampa after a battle with pneumonia. schwarzkopf commanded...
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the latest on the "fiscal cliff" fiasco. and we'll look more closely at one part of the budget debate that's drawn a lot of attention, the possibility of skyrocketing milk prices. >> and a new report on the benghazi disaster levels more harsh criticism of the state department. >> the california supreme court hands down one last ruling on bumper cars in 2012 next. >> and one more fireworks extravaganza before the break and this might qualify as the biggest of the year. earlier we showed you taipei 101. here's the world's tallest building, the burj khalifa that serves as the centerpiece for the fireworks in dubai. oh, my gosh, that's amazing. we're back in 2.5 minutes. ,,,,,, ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadf
the latest on the "fiscal cliff" fiasco. and we'll look more closely at one part of the budget debate that's drawn a lot of attention, the possibility of skyrocketing milk prices. >> and a new report on the benghazi disaster levels more harsh criticism of the state department. >> the california supreme court hands down one last ruling on bumper cars in 2012 next. >> and one more fireworks extravaganza before the break and this might qualify as the biggest of the...
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plus it is a fiscal cliff as a last minute deal seems likely to fend off a new year tax hike in the u.s. but the same man set for another showdown on capitol hill. and i learned takes over as the head of the european union but it's massive dead leaves it in a weak position just as the broad calls out of a strong leadership. cloak borning and happy new year you are watching r.t. live from moscow with me. now the new year has reached the new year race has reached america's east coast midnight has just struck in new york these are live pictures from times square over a million spectators are there to celebrate the event with the traditional ball drop the iconic symbol has been decorated with tens of thousands of colored lights organizers say that. could be a record tonight for new year's celebrations in the big apple these are live pictures many people celebrating you can see they're bringing in twenty to. well let's take a quick look at some of the most spectacular celebrations and firework displays of happened around the world new zealand was among the first to usher in twenty thirty cro
plus it is a fiscal cliff as a last minute deal seems likely to fend off a new year tax hike in the u.s. but the same man set for another showdown on capitol hill. and i learned takes over as the head of the european union but it's massive dead leaves it in a weak position just as the broad calls out of a strong leadership. cloak borning and happy new year you are watching r.t. live from moscow with me. now the new year has reached the new year race has reached america's east coast midnight has...
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fiscal cliff. just go away. superfood, all had enough of it. >> everything seems to be a superfood these days. trending, because it's not anymore. and bucket list, because the things on it tend to be less exciting than they used to be. >> i'm xwlad to see yolo. yolo and fiscal cliff. >> what's trending right now? >> are these trending? it's a good look, isn't it? happy new year, everybody. these are my new prescription glasses. i'm going to wear them the reps of the year. >> big things in store for you. >>> with the new year new laws and some don't make sense. >> we'll let you know where you can no longer sell shark fins. i didn't know that you could sell them. that's coming up. ♪ >>> what about these? >> i didn't know that your hit lit up. come here, step in front of the camera. his hat lights up. we really got ripped off. look at that. i'm going to borrow this, actually. you can have my pink one. >> there's going to be a lot of things you can no longer do in 2013. >> in california, there are 800 new laws tha
fiscal cliff. just go away. superfood, all had enough of it. >> everything seems to be a superfood these days. trending, because it's not anymore. and bucket list, because the things on it tend to be less exciting than they used to be. >> i'm xwlad to see yolo. yolo and fiscal cliff. >> what's trending right now? >> are these trending? it's a good look, isn't it? happy new year, everybody. these are my new prescription glasses. i'm going to wear them the reps of the...
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plus it is a fiscal cliff a last minute deal looks set to fend off a new year tax hike in america for the time being at least and island takes over as the head of the european union but its massive debt leaves it in a weak position just as the broad calls out for strong leadership. and i welcome and happy new year you are watching r.t. life from moscow with me. now is a new year continues to roll out across the world let's take a quick look at some of the most spectacular celebrations that have happened so far new zealand was among the first to usher in twenty thirty crowd packed the harbor in oakland to enjoy the display of the city's sky tower while almost two million people turned out at the key celebration in this trailer city skyline erupting with the now standard jaw dropping fireworks at midnight from harbor bridge great site a midnight later moved on to asia this is hong kong which really built up the tension with a camp dam then lit up the sky from both land and sea. shortly after europe welcomed the new year with a major fireworks display at the brandenburg gate in berlin be
plus it is a fiscal cliff a last minute deal looks set to fend off a new year tax hike in america for the time being at least and island takes over as the head of the european union but its massive debt leaves it in a weak position just as the broad calls out for strong leadership. and i welcome and happy new year you are watching r.t. life from moscow with me. now is a new year continues to roll out across the world let's take a quick look at some of the most spectacular celebrations that have...
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we didn't ask to go over the fiscal cliff. i'm kind of glad at 3:00 this afternoon, both sides of the house leader smip and house are meeting. do you think that there is the will to go in and say we've got to solve this. guys, we have just got to solve this. we cannot riske putting america back into a recession. consumers are feeling badly now, but were feeling okay. do your colleagues get how serious this is? we could send america to recession? >> i believe in the senate that we do. we're having a lot of very important, very good, positive conversations between democrats and republicans, i believe the president does. the tough part is in the house. they have taken this very extreme position about protecting the wealthiest americans at all costs, even holding middle class families hostage to do it. and that really isn't rhetoric. we're seeing it over and over again. we have one bottom line, when we get done, we have to solve the problem and can't be shifted onto the middle class one more time. other than that, we want to sit d
we didn't ask to go over the fiscal cliff. i'm kind of glad at 3:00 this afternoon, both sides of the house leader smip and house are meeting. do you think that there is the will to go in and say we've got to solve this. guys, we have just got to solve this. we cannot riske putting america back into a recession. consumers are feeling badly now, but were feeling okay. do your colleagues get how serious this is? we could send america to recession? >> i believe in the senate that we do....
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we're talking about the fiscal cliff. >> it hasn't got ensigned into law. there's no success yet there. >> boehner should move it tomorrow. he should just do that. >> jonathan? >> listen, the president campaigned on a three to one spending reduction and we're not see anything spending here. democrats controlled two-thirds of the chips. >> joy ann, why is this all about taxes? >> one reelection and the -- it doesn't do that much spending. >> it's been all about taxes. >> all about raising taxes. >> there's this obsession with raising taxes. >> it was to go after school lunches and elderly care, health care for poor kids and increased spending. >> no, no, no, they want entitlement reform, joy ann. why this obsession with cutting old people's medicare? >> it's not an obsession about cutting benefits to the elderly, joy ann. it's about reforming medicare over time so at some point in the future we don't tell an 80-year-old you know what? you're not going get the medicare cha you thought you would have. this is about not hurting the elderly. >> the republican so
we're talking about the fiscal cliff. >> it hasn't got ensigned into law. there's no success yet there. >> boehner should move it tomorrow. he should just do that. >> jonathan? >> listen, the president campaigned on a three to one spending reduction and we're not see anything spending here. democrats controlled two-thirds of the chips. >> joy ann, why is this all about taxes? >> one reelection and the -- it doesn't do that much spending. >> it's been...
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heather: fiscal cliff. fallout. house speaker john boehner and majority leader eric cantor have just arrived at capitol hill where all eyes are on the house. as we await act on the bill that passed by the senate early this morning and averts across the board tax hikes and massive spending cuts set to kick in today. brand new hour of "america's newsroom." thank you for joining us. i'm heather childers in for martha maccallum. rick: i'm rick folbaum in for jon. happy new year. >> you will stick it to the rich people. but guess what? you may not get anymore revenue and anymore economic growth but you can say i stuck it to the rich people. >> i'm dis.ed we did not get a grand bargain we tried to do so long but we tried. passing this agreement does not mean negotiations halt, far from it. we can all agree there is more work to be done. heather: chief congressional correspondent mike emanuel is live on capitol hill for us. mike, any sense of the next steps on the house side of the capitol? >> reporter: heather, you mentio
heather: fiscal cliff. fallout. house speaker john boehner and majority leader eric cantor have just arrived at capitol hill where all eyes are on the house. as we await act on the bill that passed by the senate early this morning and averts across the board tax hikes and massive spending cuts set to kick in today. brand new hour of "america's newsroom." thank you for joining us. i'm heather childers in for martha maccallum. rick: i'm rick folbaum in for jon. happy new year. >>...
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a positive turn in the fiscal cliff crisis. house republicans agree to meet sunday night to resume talks after a day of finger-pointing and complaining in washington. on wall street, fiscal fears created whiplash for investors: a big stock market sell-off and then bounce back on word that lawmakers are springing back into action. and, if you used your smartphone to shop this christmas, you're in fashion. it was the year's top retail trend. we have that and more tonight on "n.b.r."! a dramatic cliff-hanger today between washington and wall street about the fiscal cliff. stocks initially sold off after senate majority leader harry
a positive turn in the fiscal cliff crisis. house republicans agree to meet sunday night to resume talks after a day of finger-pointing and complaining in washington. on wall street, fiscal fears created whiplash for investors: a big stock market sell-off and then bounce back on word that lawmakers are springing back into action. and, if you used your smartphone to shop this christmas, you're in fashion. it was the year's top retail trend. we have that and more tonight on "n.b.r."! a...
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. >>> that fiscal cliff. we are at the very edge. senate leaders are working through the weekend trying to reach a deal before the deadline. today president obama called on lawmakers to meet their deadlines and responsibilities and forge a compromise to avoid tax hike and spending cuts from taking effect. lisa desjardins is live on capitol hill. what's going on right now? >> reporter: right now it's all behind closed doors, martin. what we just have learned in the last hour, in fact, what reporters have seen here, a surprise. house speaker john boehner was here at the capitol. we're still trying to sort out exactly why he was here, but he wasn't here for very long, it seems. he left in the last hour. also, we were able to see some of senator mcconnell's staffers. i was able to speak to one of them coming in and out of these kind of closed-door planning meetings. he said they've been here since 9:00 a.m. they plan to work all day and we may see his boss, senator mcconnell, later today. that shows us kind of where things stand. i wante
. >>> that fiscal cliff. we are at the very edge. senate leaders are working through the weekend trying to reach a deal before the deadline. today president obama called on lawmakers to meet their deadlines and responsibilities and forge a compromise to avoid tax hike and spending cuts from taking effect. lisa desjardins is live on capitol hill. what's going on right now? >> reporter: right now it's all behind closed doors, martin. what we just have learned in the last hour, in...
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there's no deal, no new offer on the fiscal cliff crisis. president obama has just told the two senate leaders they should make the deal. the results immediately felt in the financial markets. look where the dow closed down 158 points when it became very clear nothing was happening and now take a look at where the numbers are in the after markets. we would open now down 315 points on the dow if we started trading now. down 315 points. we have much more on this throughout the rest of the program, but the market's very unhappy. we do have some good news to report tonight. looks like at least one cliff has been averted for the time being. the so-called container cliff. the union that represents dock workers and u.s. maritime lines came to an agreement today to extend their current contract for 30 days. this is a big relief now for the retail industry and consumers who were staring at real destruction again for the supply chain. here now is jonathan gold and he's vice president of supply chain and customs policy for the national retail federatio
there's no deal, no new offer on the fiscal cliff crisis. president obama has just told the two senate leaders they should make the deal. the results immediately felt in the financial markets. look where the dow closed down 158 points when it became very clear nothing was happening and now take a look at where the numbers are in the after markets. we would open now down 315 points on the dow if we started trading now. down 315 points. we have much more on this throughout the rest of the...
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yes, we call it the fiscal cliff. senate leaders are still struggling to hammer out a deal and we understand they're on a three o'clock presentation of some sort of new deal. >> clayton: joining us now with reaction, the host of fox news sunday, chris wallace. he is up early, but congress is not. hey, chris, nice to see you. >> hey, guys. >> clayton: so, 3 p.m. today, we understand accord to go peter doocy and those in the washington bureau where you're sitting right now, papers were shuffled last night and back and forth, trying to hammer out financial deals. do you have any indication where this thing sits right now? >> no, and in fact, i talked to a top senate aide just a little while ago and he used the classic line, those who talk don't know. those who know aren't talking. >> clayton: right. >> so we really don't know and i'm the not sure at this point that they've made-- this idea of the 3 p.m. they come out with a deal, they may not reach a deal. it's possible that the republican leader mitch mcconnell and demo
yes, we call it the fiscal cliff. senate leaders are still struggling to hammer out a deal and we understand they're on a three o'clock presentation of some sort of new deal. >> clayton: joining us now with reaction, the host of fox news sunday, chris wallace. he is up early, but congress is not. hey, chris, nice to see you. >> hey, guys. >> clayton: so, 3 p.m. today, we understand accord to go peter doocy and those in the washington bureau where you're sitting right now,...
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it is down to the wire for fiscal cliff. and it could, i don't know, it could mean mitch mcconnell could come to the rescue. we will tell you a little bit about what went down yesterday. a live report from washington in just a moment. >> dave: super mitch. a college kid thrown in the slammer for wearing this. a fake ammo belt. overreaction or a appropriate in the wake of the connecticut school shooting? we report, you decide. then a real life iron man he was told he would never walk again but now he is first look at a new medical break through. >> juliet: love this story. >> clayton: this technology is going to shock you. "fox & friends" hour two begins right now. >> clayton: good saturday morning. welcome in to "fox & friends." juliet huddy in for alisyn camerota. nice to see you. >> juliet: good morning. nice to see you. did you have a great christmas? >> dave: did i with family. how about you? >> juliet: istles in miami. >> clayton: juliet huddy is wearing new year's eve outfit. >> as do you heading in the new year's eve
it is down to the wire for fiscal cliff. and it could, i don't know, it could mean mitch mcconnell could come to the rescue. we will tell you a little bit about what went down yesterday. a live report from washington in just a moment. >> dave: super mitch. a college kid thrown in the slammer for wearing this. a fake ammo belt. overreaction or a appropriate in the wake of the connecticut school shooting? we report, you decide. then a real life iron man he was told he would never walk again...
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yes, the fiscal cliff now just four days away. can a last-ditch meeting today really, really lead to a deal? really? >> i hope so, because i'm heading to washington tomorrow. but we're going to bring you another story. you're going to want to see this. a daycare burglary that turns into child's play. oh, moon, this boils my blood. the christmas day thieves whose clowning around was all caught on tape. >> unbelievable. yeah, that was one of them riding a little kid's tricycle. >>> later on, britney spears is back. she may be saying goodbye to a $15 million reality tv paycheck. and why this may not be her only personal drama this morning. we have details coming up in "the skinny" and she's part of half of "the skinny" today. britney spears has a lot going on. >> making headlines. >>> first, though, the nation is remembering a war hero this morning. general norman schwartzcopf died yesterday after battling pneumonia. >> president obama called the retired general an american original who stood tall for his country and had a love for t
yes, the fiscal cliff now just four days away. can a last-ditch meeting today really, really lead to a deal? really? >> i hope so, because i'm heading to washington tomorrow. but we're going to bring you another story. you're going to want to see this. a daycare burglary that turns into child's play. oh, moon, this boils my blood. the christmas day thieves whose clowning around was all caught on tape. >> unbelievable. yeah, that was one of them riding a little kid's tricycle....